Our Services

Through gaining a firsthand understanding of your farming business we aim to assist you in managing your business in the most efficient manner possible.

By enhancing the understanding and knowledge of a farm business, both from a production and financial perspective, you will learn how the two areas interrelate and impact each other based on decisions made. 

Discover ways to…

  • Establish strengths that would set a farm business apart from its peers. 

  • Determine cost of production (used in conjunction with Management Accounting Guidelines for Agriculture). 

  • Gain a better understanding of financial measures used by lenders to evaluate financial position and performance and learn how to calculate and interpret the measures. 

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To set financial goals and establish action plans you need accurate data – that’s where Farm Prophet can help!

We’ll help you compile the data your operation needs to...

  • Build on a foundation with a thorough review and preparation of your financial data through our accounting services.

  • Make better informed and timely decisions by combining your production, accounting, and inventory control into a comprehensive database.

  • Manage your business efficiently through gaining a firsthand understanding of your farming business.

  • Optimize and effectively manage resources by providing accurate, real time production and financial records to support your decisions as you work toward greater efficieny  and profitability. 

  • Enhance profitability in different agricultural economic cycles by improving accuracy of financial statements used to report financial position and performance to benefit decision making.

  • Attract and obtain borrowed funds and retain lender relationships during more challenging periods, with accurate financial statements prepared to present to lenders, regardless of the cause.

  • Source the most appropriate financing for their business. This involves assessing the requirement, the best way to structure the finance and the most efficient way of obtaining the finance.

  • Understand deferred income tax liability for the farm business.

We maintain regular contact and professional relations with our customers financial institutions.